Tax Rates 2012-2013
| Income | Tax Rate |
|---|
| $0 - $18,200 | 0% |
|---|
| $18,201 - $37,000 | 19% |
|---|
| $37,001 - $80,000 | 32.5% |
|---|
| $80,001 - $180,000 | 37% |
|---|
| Over $180,000 | 45% |
|---|
Tax Rates 2011-2012
| Income | Tax Rate |
|---|
| $0 - $6,000 | 0% |
|---|
| $6,001 - $37,000 | 15% |
|---|
| $37,001 - $80,000 | 30% |
|---|
| $80,001 - $180,000 | 37% |
|---|
| Over $180,000 | 45% |
|---|
Tax Rates 2010-2011
| Income | Tax Rate |
|---|
| $0 - $6,000 | 0% |
|---|
| $6,001 - $37,000 | 15% |
|---|
| $37,001 - $80,000 | 30% |
|---|
| $80,001 - $180,000 | 37% |
|---|
| Over $180,000 | 45% |
|---|
Tax Rates 2009-2010
| Income | Tax Rate |
|---|
| $0 - $6,000 | 0% |
|---|
| $6,001 - $35,000 | 15% |
|---|
| $35,001 - $80,000 | 30% |
|---|
| $80,001 - $180,000 | 38% |
|---|
| Over $180,000 | 45% |
|---|
Tax Rates 2008-2009
| Income | Tax Rate |
|---|
| $0 - $6,000 | 0% |
|---|
| $6,001 - $34,000 | 15% |
|---|
| $34,001 - $80,000 | 30% |
|---|
| $80,001 - $180,000 | 40% |
|---|
| Over $180,000 | 45% |
|---|
Tax Rates 2009-2010
| Income | Tax Rate |
|---|
| $0 - $6,000 | 0% |
|---|
| $6,001 - $30,000 | 15% |
|---|
| $30,001 - $75,000 | 30% |
|---|
| $75,001 - $150,000 | 40% |
|---|
| Over $150,000 | 45% |
|---|
Australian Medicare Rates and Guide
Australian residents (for Tax Purposes) are subject to a Medicare levy of 1.5% of their taxable income unless they qualify for a reduction or exemption.
Non Australian residents (for tax purposes) are not subject to the Medicare Levy.
Australian Medicare Reductions
Senior Australians (includes age pensioners, service pensioners and self-funded retirees)
To qualify for the Senior Australians Medicare reductions you must:
- Be Male and either one of the following:
- Aged 65 years old or older
- A veteran or war widower aged 60 years old or older who met the veteran pension age test
- Be Female and either one of the following:
- Aged 64 years and 6 months old or older
- A veteran or war widow aged 59 years and 6 months old or older who met the veteran pension age test.
Pensioner Tax
To qualify for the Pensioner Tax Medicare reduction you must:
- Show an Australian Government pension or allowance at item 6 on your tax return
- Not have claimed Senior Australians Medicare reduction
| Year | Threshold Rate | Senior Australian | Pensioner Tax | Other | Dependant Children ATI | | |
|---|
| Lower Threshold | Upper Threshold | Lower Threshold | Upper Threshold | Lower Threshold | Upper Threshold | First Child | Additional Children | | |
|---|
| 2006 | $345.50 | | | | | | | | | | |
|---|
| 2007 | $358.90 | | | | | | | | | | |
|---|
| 2008 | $365.70 | | | | | | | | | | |
|---|
| 2009 | $383.90 | | | | | | | | | | |
|---|
| 2010 | $388.80 | | | | | | | | | | |
|---|
| 2011 | $399.60 | | | | | | | | | | |
|---|
| 2012 | $413.50 | $30,685 | $36,100 | $30,451 | $35,824 | $19,404 | $22,828 | $1,786 | $1,410 | | |
|---|